Global enterprises are large, multinational companies that operate across many countries through networks of branches. They are characterized by their huge size, large product portfolios, advanced technology, international marketing strategies, and global operations. Some key features of global enterprises include large capital resources, foreign collaboration, advanced technology, product innovation, marketing strategies, expanding their market territory, and centralized control.

2. GLOBAL ENTERPRISES
 Global enterprises are the companies which
functions all around the world. they are
characterized by their huge size, large number
of products, advance technology, marketing
strategies and network of operations all over
the world.

3. GLOBAL ENTERPRISES
Global enterprises thus are huge industrial
organizations which extend their industrial
and marketing operations through a network
of their branches in several countries.
 example--- MNCs

4. Features of Global Enterprises
1. Huge capital resources
2. Foreign collaboration
3. Advanced technology
4. Product innovation
5. Marketing strategies
6. expansion of market territory
7. Centralized control

6. JOINT VENTURES
MEANING
When two businesses agree to join together
for a common purpose and mutual benefit, it is
known as joint venture.
A Joint venture may also be the result
of an agreement between two businesses in
different countries

7. FORMATION OF JOINT VENTURES
•Two parties incorporate a company in India and
business of one party is transferred to a new
company
•The above two parties subscribe to the shares of
the joint venture in agreed proportion
•Promoter shareholder of an Indian company and
another party may collaborate to jointly carry on the
business of that company

8. APPROVAL OF JOINT VENTURES
•All joint ventures in India require government
approval if NRI or foreign partner is involved
•Approval can be obtained from RBI or
FIPB(Foreign Investment Promotion Board)

10. DIFFERENT AGENCIES OF
APPROVAL
* If the joint venture is covered
under automatic route, then approval of RBI is
required.
*In other special cases, a special
approval of FIPB is required

11. BENEFITS OF JOINT VENTURES
INCREASED RESOURCES AND CAPACITY
ACCESS TO NEW MARKETS AND DISTRIBUTION NETWORKS
ACCESS TO TECHNOLOGY
INNOVATION
LOW COST OF PRODUCTION
ESTABLISHED BRAND NAME

12. Automatic approval
• The Government has outlined 37 high priority
areas covering most of the industrial sectors.
• Investment proposals involving up to 74%
foreign equity in these areas receive
automatic approval within two weeks.
• An application to the Reserve Bank of India is
required...

13. SOME JOINT VENTURES IN INDIA
Government Companies
Advanced Level Telecommunication Training
Centre (ALTTC)
Delhi Metro Rail Corporation
Electronics Corporation of India Limited(ECIL)
National Centre for Trade Information (NCTI)
Pipavav Railway Corporation Ltd. (PRCL)
Rehabilitation Plantations Ltd., Punalur (RPL)
Satluj Jal Vidyut Nigam Ltd.
Tehri Hydro Development Corporation Ltd.(THDC)